<div id="readability-page-1"><div>At close, HSI dropped 287 pts or 1.1% to 25,675. HSTI dropped 96 pts or 1.9% to 4,844. HSCEI fell 93 pts or 1.1% to 8,597. Market turnover reached $292.71 billion.Active Heavyweights: TENCENT (00700.HK) -7.200 (-1.578%) Short selling $754.36M; Ratio 10.538% closed at $449.2, down 1.6% MEITUAN (03690.HK) -0.550 (-0.665%) Short selling $612.41M; Ratio 36.589% closed at $82.15, down 0.7% BABA (09988.HK) -0.600 (-0.454%) Short selling $856.68M; Ratio 13.499% closed at $131.7, down 0.5% XIAOMI (01810.HK) -0.040 (-0.130%) Short selling $462.59M; Ratio 24.835% closed at $30.66, down 0.1%HSI &amp; HSCEI Constituents on Move: LI AUTO (02015.HK) -10.700 (-14.153%) Short selling $1.23B; Ratio 46.844% closed at $64.9, down 14.2% LONGFOR (00960.HK) -0.720 (-7.775%) Short selling $37.81M; Ratio 33.481% closed at $8.54, down 7.8% CHINA RES MIXC (01209.HK) -3.020 (-6.186%) Short selling $45.64M; Ratio 29.765% closed at $45.8, down 6.2% CHINA TELECOM (00728.HK) +0.320 (+6.015%) Short selling $71.17M; Ratio 17.855% closed at $5.64, up 6% XINYI SOLAR (00968.HK) -0.150 (-5.017%) Short selling $25.22M; Ratio 30.237% closed at $2.84, down 5% GEELY AUTO (00175.HK) -1.040 (-4.810%) Short selling $171.63M; Ratio 19.349% closed at $20.58, down 4.8% CHINA RES LAND (01109.HK) -1.760 (-4.671%) Short selling $92.06M; Ratio 10.918% closed at $35.92, down 4.7% HORIZONROBOT-W (09660.HK) -0.290 (-4.633%) Short selling $233.97M; Ratio 29.294% closed at $5.97, down 4.6% JD HEALTH (06618.HK) -2.080 (-4.606%) Short selling $72.51M; Ratio 26.010% closed at $43.08, down 4.6% LAOPU GOLD (06181.HK) -25.000 (-4.405%) Short selling $41.85M; Ratio 17.968% closed at $542.5, down 4.4% SHK PPT (00016.HK) -5.900 (-4.137%) Short selling $182.83M; Ratio 29.390% closed at $136.7, down 4.1% CHINA UNICOM (00762.HK) +0.290 (+3.791%) Short selling $28.08M; Ratio 14.282% closed at $7.94, up 3.8% HANG LUNG PPT (00101.HK) -0.320 (-3.717%) Short selling $8.73M; Ratio 18.417% closed at $8.29, down 3.7% CHINA OVERSEAS (00688.HK) -0.590 (-3.574%) Short selling $111.51M; Ratio 23.345% closed at $15.92, down 3.6% SMIC (00981.HK) -2.450 (-3.443%) Short selling $696.02M; Ratio 14.149% closed at $68.7, down 3.4% JD LOGISTICS (02618.HK) -0.490 (-3.431%) Short selling $17.05M; Ratio 21.532% closed at $13.79, down 3.4% BEKE-W (02423.HK) -1.600 (-3.360%) Short selling $60.58M; Ratio 20.473% closed at $46.02, down 3.4% ALI HEALTH (00241.HK) -0.140 (-3.302%) Short selling $156.38M; Ratio 40.166% closed at $4.1, down 3.3% HENDERSON LAND (00012.HK) -1.020 (-3.011%) Short selling $45.72M; Ratio 46.119% closed at $32.86, down 3%HSMI &amp; HSSI Constituents on Move: PEGBIO CO-B (02565.HK) +7.420 (+66.309%) Short selling $32.88K; Ratio 0.043% closed at $18.61, up 66.3% 51WORLD (06651.HK) +21.150 (+42.300%) closed at $71.15, up 42.3% RADIANCE HLDGS (09993.HK) +0.350 (+13.308%) Short selling $3.84M; Ratio 0.180% closed at $2.98, up 13.3% QINGSONG HEALTH (02661.HK) +3.080 (+12.155%) closed at $28.42, up 12.2% HAICHANG HLDG (02255.HK) +0.040 (+11.429%) Short selling $4.65M; Ratio 0.518% closed at $0.39, up 11.4% (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-18 12:25.)</div></div>

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The HSI fell 287 points (1.1%) to 25,675, while the HSTI dropped 96 points (1.9%) to 4,844. LI AUTO saw a significant decline of over 14%, closing at $64.9. Market turnover increased to $292.71 billion, with notable short selling in major stocks like TENCENT and BABA. Despite the downturn, CHINA TELECOM rose by 6%.

AASTOCKS News

CHINA TELECOM

Hua Xia CSI New Energy Vehicles ETF

Hang Seng Index

LI AUTO-W

Hang Seng China Enterprises Index

TENCENT

MEITUAN

BABA-W

XIAOMI-W

LONGFOR GROUP

CHINA RES MIXC

XINYI SOLAR

GEELY AUTO

CHINA RES LAND

HORIZONROBOT-W

JD HEALTH

LAOPU GOLD

SHK PPT

CHINA UNICOM

HANG LUNG PPT

CHINA OVERSEAS

SMIC

JD LOGISTICS

BEKE-W

ALI HEALTH

HENDERSON LAND

PEGBIO CO-B

51WORLD

RADIANCE HLDGS

QINGSONG HEALTH

HAICHANG HLDG

Li Auto

Tencent

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

MEITUAN-WR

Meituan

Meituan HK SDR 5to1

Alibaba

BABA-WR

Alibaba HK SDR 5to1

Xiaomi Corporation

XIAOMI-WR

Xiaomi HK SDR 2to1

GEELY AUTO-R

GEELY AUTOMOBILE HOLDINGS LIMITED SPON ADS EACH REP 20 ORD

Geely Auto

JD HEALTH-R

Laopu Gld HK SDR 50to1

SHK PPT-R

China Unicom

SMIC HK SDR 5to1

HSI Down 287 pts; HSTI Down 96 pts; LI AUTO Down over 14%; Market Turnover Rises